Iran names Ayatollah Khamenei's son, Mojtaba, as new supreme leader: Media reports
Bahrain and the United Arab Emirates report more strikes on civilian targets as U.S.-Israeli attacks on Iran continue.
One year after Trump’s sovereignty threats, Canadians keep ‘elbows up’
An unusual swell of Canadian patriotism seen after Trump's threats and tariffs last year has evolved into a new social and economic order.
Great Britain has only two days of gas stored as Iran war disrupts supplies
National Gas insists storage broadly in line with levels for time of year despite disruption for tankers carrying LNGGreat Britain has only two days of fossil gas stored after a decline in energy reserves, as more tankers carrying liquefied natural gas (LNG) are diverted from their course to Europe towards Asia because of the Iran war.Great Britain had 6,999 gigawatt hours (GWh) of fossil gas stored on Saturday, according to figures from National Gas, which owns and operates the gas national transmission system. This compares with 9,105 GWh a year earlier. Continue reading...
The Guardian view on EV charging: China took the right lessons from Britain’s past | Editorial
Megawatt fast EV charging reflects a coordinated grid strategy the UK once used. Privatisation and fragmentation now make that infrastructure far harder to buildThe future of electric cars arrived this week in China. The world’s biggest car seller, BYD, unveiled a new battery giving its latest electric models more than 600 miles of range. Remarkably, the Chinese motor-maker said 250 miles of range could be injected into its new batteries in just five minutes. If true, the last remaining advantages of petrol cars – long range and quick refuelling – are beginning to disappear.But such technology requires megawatt charging points. A single charger can draw as much power as a small town in Britain. BYD’s system relies on chargers delivering around 1.5 megawatts of electricity – more than four times the fastest chargers in the UK. China is moving fast, planning thousands of megawatt charging stations within two years. Continue reading...
UK’s performing arts industry ‘inhospitable to parents’, research warns
Long hours, lack of flexibility and last-minute scheduling driving parents, particularly mothers, from industryThe performing arts industry in the UK is “inhospitable to parents” and falling far behind other industries in supporting women who have children, according to research.The report, titled “the Motherhood penalty”, criticises the industry for failing to consider how it might adapt to better accommodate parents, with the result that many, in particular women, drop out. Continue reading...
Private jet used for Nigel Farage Chagos stunt linked to Reform mega-donor
Exclusive: Plane that flew Reform leader to Maldives appears to be linked to billionaire Christopher HarborneNigel Farage’s attempt to reach the Chagos Islands military base was made on a private jet that appears to be linked to Reform UK’s mega-donor Christopher Harborne, it has emerged.Harborne, who has donated £12m to Reform UK, has links to the plane that flew Farage to the Maldives, and another that flew a group of Chagossian campaigners to Sri Lanka before they set out for the archipelago by boat. Continue reading...
Judge rules Kari Lake unlawfully ran US media agency, voiding mass layoffs
Lake, whom Trump appointed without Senate confirmation to run Voice of America parent agency, cut over 1,000 jobsA federal judge ruled Saturday that Kari Lake unlawfully led the US Agency for Global Media (USAGM) for several months last year and voided mass layoffs and other actions taken during that period to dismantle the agency.The US Agency for Global Media (USAGM) is an independent federal agency that oversees the Voice of America (VOA), the US’s largest and oldest international broadcaster, and provides grants to Radio Free Asia, Radio Free Europe and other news agencies. Continue reading...
John Lewis to give update as staff hope for first annual bonus since 2022
JLP, which runs department store chain and Waitrose, to report its results for year to January on ThursdayWorkers at the John Lewis Partnership are expected to find out this week whether they will receive their first annual bonus payment in four years.The retail group, which runs the John Lewis department store chain and Waitrose supermarket business, will also reveal how it has been progressing with its transformation strategy in an update on Thursday 12 March. Continue reading...
Energy prices will fall when U.S. destroys Iran's ability to attack tankers in Strait of Hormuz: Wright
Gas prices have spiked in the U.S. as oil has jumped to over $90 since the war began in Iran.
I've studied over 200 kids—parents who raise emotionally intelligent kids regularly ask their children 9 questions
Raising emotionally intelligent kids starts with everyday conversations at home, says child psychologist Reem Raouda, who has studied over 200 kids. Here are some questions parents can use to get started.
‘People are thinking twice’: Cyprus feels the effect of the Iran war on tourism
No country in Europe is likely to be affected more than Cyprus, the nearest EU member to the Middle EastThe season has barely begun but Ayia Napa is beginning to feel the pulse. Tourists are trickling back, enjoying the Cypriot resort’s sunsets, eateries and shoreline views.On the seafront, Vassilis Georgiou is busy overseeing the construction of a new ramp for the jetskis that are a highlight of his water sports business. Last year, more than 500,000 holidaymakers visited the beachside booth, snapping up tickets for the boat cruises and parasailing also on offer. Continue reading...
UK must be prepared for a price shock from the Iran war | Heather Stewart
Governments are having to wake up to the fact they will have to take a closer interest in supply chains for essentialsOil prices ‘could breach $100 a barrel within days’ amid supply disruption from Iran warDonald Trump’s assault on Iran and the deadly conflict it has unleashed is grim and unprecedented – but there is a familiarity to its economic consequences: brace yourself for another price shock.From the Covid shutdown and subsequent reopening to Russian tanks rolling into Ukraine, the global economy has been rocked by one cost surge after another. Continue reading...
Dubai real estate magnate: There could be a property cooldown, but I don't see it
Mohamed Alabbar acknowledged the attacks but insisted investors were still confident in Dubai and that "smart capital" will continue to flow into the city.
Current and former Block workers say AI can’t do their jobs after Jack Dorsey’s mass layoffs: ‘You can’t really AI that’
The CEO said he cut the company’s workforce by 4,000 people – almost in half – because of gains in AI productivityMark remembers the first time he wondered whether he was teaching Block’s AI tools how to do his job – and maybe even replace him. He was at his fintech company’s extravagant anniversary party last September. As executives led a presentation on the productivity benefits of a new internal AI tool, Mark, who worked in the product department, discussed his worries with colleagues. While he wasn’t sure what would happen in a few years, he told a co-worker sitting next to him that for now, there was no way the technology was so advanced that it could move the business forward without employees like him to help drive vision and strategy.These AI tools were not proactive. He had to tell them what to do. Block still needed him, he thought. Continue reading...
White House worries as gas prices jump amid ongoing US-Israel war on Iran
US drivers are largely insulated from higher oil prices caused by Middle East turmoil – but only to a pointAcross the US, the average cost of a gallon of regular gasoline has jumped nearly 27 cents in a week, to $3.25, and American consumers are bracing for higher prices at the gas pump as the US-Israel conflict with Iran threatens to disrupt the global oil supply.That fear has entered the White House too, where Donald Trump’s chief of staff, Susie Wiles, is reportedly hunting for ideas to lower gasoline prices and officials are getting “screamed at” to bring good news, according to Politico. Continue reading...
Tehran oil sites on fire as Iran exchanges strikes with Israel and US – video report
A huge column of fire and smoke could be seen rising from an oil depot in the Iranian capital in video shared on social media.Footage from central Tehran shows fires across the skyline as the US and Israel hit five oil facilities in overnight strikes in and near the city, an official told state TV.A fresh wave of Iranian strikes hit the Gulf on Sunday, with Saudi Arabia, the United Arab Emirates, Qatar, Bahrain and Kuwait all reporting attacksMiddle East crisis: latest updates Continue reading...
Global week ahead: Diplomacy in ruins as G7 meets on Iran
G7 finance ministers and central bank governors are set to convene for a key meeting as diplomatic tensions escalate over the Iran conflict.
Americans aren't facing a democratic collapse. We’re living in its aftermath | Eric Reinhart
The US was an oligarchy well before Trump’s first term. Recognizing this reality is essential to building a true democracySince Donald Trump returned to the White House, American political life has taken on a familiar rhythm. Each week brings another court ruling framed as a breaking point, another election cast as the last real one, another executive order described as the moment it all finally tips over the edge, another person murdered by a government that’s finally gone too far. Democratic party fundraising emails promise to “save the Republic”. Commentators warn that the guardrails are giving way. Anxious citizens refresh their screens, waiting for the collapse of American democracy.This state of permanent panic rests on what Sigmund Freud called an illusion: a belief embraced not because it reflects reality, but because it satisfies a psychological need. The illusion in this case is that the United States still has a democracy to lose. The more unsettling truth is that Americans are not living under threat of future democratic breakdown; we are living inside the aftermath of one that has already occurred.Eric Reinhart is a political anthropologist, psychiatrist and psychoanalyst Continue reading...
Oil prices ‘could breach $100 a barrel within days’ amid supply disruption from Iran war
Warning from Goldman Sachs comes as crude shipping through strait of Hormuz falls further than bank thoughtGlobal oil prices could breach the $100 (£74) a barrel mark within days, and reach $150 a barrel by the end of the month, without a solution to the severe disruption in crude flows through the strait of Hormuz, Goldman Sachs has warned.Oil exports via the vital trade route linking the world’s biggest oil producers to buyers in the global market have fallen further than the US investment bank had initially expected after the US-Israeli attack on Iran a little over a week ago. Continue reading...
Tech oligarchs reshape humanity while billionaires of old seem quaint
From Gates to Musk and Altman, today’s ultra-rich steer AI and tech, raising questions about who decides the futureWhen Bill Gates became the first modern IT mogul to reach the apex of wealth and power in 1992, the world was a very different place. Gates joined the top 10 on Forbes magazine’s billionaires list alongside Japanese, German, Canadian, South Korean and Swedish billionaires, including those with family fortunes from Britain and America. A broad mix of industries was on the list: Retail and media, property management and packaging, an investment firm and a couple of industrial conglomerates. Their fortunes almost added up to $100bn – equivalent to about 0.4% of the US’s GDP that year.The oligarchy has changed drastically since then. Bernard Arnault, of French luxury group LVMH, Amancio Ortega, the Spanish clothing mogul, and Warren Buffett, the US investor, were the only old-school billionaires among the top 10 in 2025. The rest largely made their money from high-tech: Elon Musk, Jeff Bezos, Mark Zuckerberg, Larry Ellison, Steve Ballmer and Google’s Sergey Brin and Larry Page. The top 10 amassed over $16trn, which is about 8% of US GDP. Continue reading...
BrewDog sold Highland estate for knockdown price after abandoning its reforestation plans
Self-styled ‘punk’ beer company bought land in 2020, pledging to plant Scotland’s ‘biggest ever forest’The self-styled “punk” beer company BrewDog sold its Highland estate for a knockdown price after abandoning its efforts to plant Scotland’s “biggest ever forest” there.BrewDog’s co-founder James Watt claimed its Lost Forest project at Kinrara in the Cairngorms national park would cover a “staggering area” and capture tens of millions of tonnes of CO2 during its lifetime. Continue reading...
Is Glasgow losing the spaces that made it an arts powerhouse?
The closing of a cluster of leading creative venues has led to dismay and intensified fears the hubs that fostered Glasgow’s celebrated arts scene are disappearingBy the time Daisy Mulholland arrived, the locks had already been changed. The Glaswegian artist, had been organising the launch event for her new art shop at the Centre for Contemporary Arts (CCA) when she got an email telling her the Sauchiehall Street venue – and cornerstone of the city’s art scene since it was founded as the Third Eye Centre in 1974 – was closing with immediate effect.“The event was the following day: we had 250 tickets sold, we’d done so many rehearsals, and inside there were lighting rigs, performers’ equipment, shop stock. It was truly heartbreaking,” she says. Continue reading...
Why an Iran war inflation shock could wreck global economic recovery
Central bankers and economists warn prolonged conflict could raise retail prices and rip up growth forecastsHeather Stewart: UK must be prepared for a price shock from the Iran warAn inflation shock triggered by the US-Israel attack on Iran could wreck a fragile global economic recovery that had been expected to gain momentum this year.With oil and gas prices spiking, despite a pledge from Donald Trump to protect tankers making their way through the crucial strait of Hormuz shipping chokepoint, central bankers and economists have warned that a prolonged conflict could increase retail prices around the world and force them to rip up growth forecasts for this year. Continue reading...
AI chatbots point vulnerable social media users to illegal online casinos, analysis shows
Tech firms condemned for lack of controls with Meta AI and Gemini even offering advice on how to bypass UK gambling and addiction checksAI chatbots are recommending illegal online casinos to vulnerable social media users, putting them at increased risk of fraud, addiction and even suicide.Analysis of five AI products, owned by some of the world’s largest tech companies, found that all could easily be prompted to list the “best” unlicensed casinos and offer tips on how to use them. Continue reading...
Caffè Nero says growth is ‘steady’ but coffee prices are likely to rise
Founder of family-owned firm says it will pause acquisitions after takeover of 15 Compass Coffee stores in USCaffè Nero will continue opening new shops in the UK and overseas, but has warned coffee prices are likely to keep rising as the war in Iran and higher staffing costs feed through.The family-owned business, which has just bought the 15-store Compass Coffee based in Washington DC to convert to its main brand, is aiming to open as many as 30 UK stores and between 50 and 70 more this year across the 10 other countries it operates in. Continue reading...
China says 'thorough preparations' needed as Trump-Xi meeting hangs in the balance amid Iran war
China's top diplomat Wang Yi signaled preparations are underway for a planned meeting between the presidents of the U.S. and China.
The £49 ‘driller killer’: steps to avoid locksmith scams
Rogue operators draw in customers by advertising low prices, but when the work is done they invoice 10 times that sumLate on a Sunday night, you put your key into the front door and it snaps when you turn it. Unable to get in, you search online for an emergency locksmith and find one advertising a willingness to do the job for £69. You call it out.When the locksmith arrives, they ask no questions, drills through the lock within minutes and replaces the fixture. You are then given a bill for more than £700 with an invoice detailing a breakdown of the costs – all in excess of the original quote. Continue reading...
Life on Kenya’s largest dump: the invisible workers sorting the world’s rubbish
Plastic, textiles, e-waste and more end up at the vast Dandora site, where waste pickers spend all hours sifting through toxic debris looking for recyclablesOn my journey documenting environmental stories in Kenya, I attended the Africa Climate Summit in 2023. It ignited a deeper exploration into the lives of waste pickers, revealing a glaring omission in global recycling narratives: the invisibility of these essential workers.Living and working in Nairobi, I immersed myself in Dandora, the largest dump in Kenya, spanning more than 12 hectares (30 acres) near the Nairobi River and receiving an estimated 2,000 tonnes of industrial and domestic waste daily. For months I witnessed first-hand how waste is devastating local ecosystems and human lives. Kenya’s waste streams are now overwhelmed by single-use plastics from companies shifting the burden on to informal workers.Pre-sorting has reduced the amount of recylables in the waste brought by truck to Dandora Continue reading...
Why holiday meal money for cash-strapped parents is back on the menu
The school holiday food grant was axed by the Department of Education in 2023 due to a lack of money.
Did baby boomers eat all the pies? John Lanchester on the truth about the generation gap
It’s a grim time to be in your 20s, no doubt, but don’t blame it all on older people: being chopped up into ever smaller rivalries only serves the marketIntergenerational relations, or lack of them, is a subject I’ve been thinking about, on and off, since the financial crisis. I’ve read up on it, too – things such as the Institute for Fiscal Studies’ report on intergenerational earnings mobility, which is wonky but full of fascinating information which needs some parsing. (Example: “While the educational attainment of ethnic minorities growing up in families eligible for free school meals is often higher than that of their white majority peers, their earnings outcomes show no such advantage.” Why not?) Another good source of data is the Office for Budgetary Responsibility’s (OBR) report on intergenerational fairness – which, interestingly, is about the bluntest statement of fiscal unfairness that you can find. The OBR makes the point that “a current new-born baby would make an average net discounted contribution to the exchequer of £68,400 over its life-time, whilst future generations would have to contribute £159,700”. In plain English, people’s lifetime contribution to the state is going to double. That number is from 2011, and will definitely have got worse. In 2019, the House of Lords published a report on “Tackling intergenerational unfairness”, which doesn’t even bother pretending that the problem doesn’t exist. Mind you, not everyone agrees. A 2023 report from Imperial College Business School argues “there is more solidarity between generations than the ‘Millennials versus Boomers’ narrative would suggest”.So this is definitely a question you can address through data – though there is a risk that you can use numbers to cherrypick your way to a conclusion you already held in advance. The other way of thinking about it is through lived experience. Not necessarily just your own. I often find myself thinking about the range of experiences and expectations in my own family, going no further than one generation back and one generation forward. I’m on the cusp between boomers and generation X. My children, both in their 20s, are firmly in generation Z. My parents were born in the 20s, in the west of Ireland and in South Africa. Between us, it’s a wildly different set of life stories, and chucking it into the capacious carpet bag labelled “generational differences” seems to me to be a violent oversimplification. Continue reading...
New Employment Rights Act ‘a huge boost for women in the workplace’
Government says new rights for parental leave and sick pay will increase equality and economic growthWomen will disproportionately benefit from new workers’ rights measures rolled out from next month, according to research.The TUC said approximately 4.7 million women are to benefit from stronger sick pay from April, including more than 830,000 who will receive statutory sick pay for the first time. Continue reading...
Trump shouldn’t ease Russia sanctions – they are choking its economy | Phillip Inman
As the US waives its ban on India buying Putin’s oil for 30 days, Europe must bolster its own measures, such as stopping the flow of luxury carsDonald Trump handed Vladimir Putin a financial lifeline last week when he waived a ban on India buying Russian oil for 30 days.Trump found himself in a furious row last year with Narendra Modi over his country’s oil deals with Moscow, only for fences to be partly mended when India’s biggest importer later capitulated. Continue reading...
Trump admin announces $20 billion reinsurance program for oil tankers during Iran war
Tanker traffic through the Strait of Hormuz remains at a standstill as the Iran war engulfs the region.
What does the US military’s feud with Anthropic mean for AI used in war?
Tech policy professor who served in US air force explains how a feud between an AI startup and the US military illuminates ethical fault linesAnthropic’s ongoing fight with the Department of Defense over what safety restrictions it can put on its artificial intelligence models has captivated the tech industry, acting as a test of how AI may be used in war and the government’s power to coerce companies to meet its demands.The negotiations have revolved around Anthropic’s refusal to allow the federal government to use its Claude AI for domestic mass surveillance or autonomous weapons systems, but the dispute also reflects the messy nature of what happens when tech companies have their products integrated into conflict. The Pentagon this week declared Anthropic a supply chain risk for its refusal to agree to the government’s terms, while Anthropic has vowed to challenge the designation in court. Continue reading...
Politicians seek meeting with Travelodge CEO after Maidenhead sexual assault case
Call for urgent meeting comes after woman was assaulted by man who had been given her key card by hotel staffMore than 20 MPs have demanded an urgent meeting with the CEO of Travelodge after a woman was sexually assaulted by a man who had been given her room number and a key card by hotel staff.The MPs said the case of Kyran Smith, 29, who was jailed for seven-and-a-half years last month, raised “deeply concerning” questions. He attacked the woman after a party in December 2022. Continue reading...
Iran's internet blackout extends into second week: NetBlocks
Iran's government cut internet connectivity shortly after start of U.S.-Israeli attacks on Feb. 28.
UK recruiter emerges from insolvency for third time, avoiding millions owed in tax
Hampshire business seems to have benefited from ‘phoenixism’, which costs the taxpayer about £800m a yearA UK recruitment business has been acquired out of administration for a third time in four years as part of a succession of deals that left some of the former management team in place and millions of pounds owed to the public purse.The chain of insolvencies appears to contain more examples of phoenixism – a process when companies are liquidated and directors are able to rise from the ashes with a new entity, free of debts. Continue reading...
My dad made the biggest jewelled egg in the world. The obsession would destroy his marriage, family and fortune
The mad venture – which my mother nicknamed ‘your father’s ego’ – would swallow my childhood. Years later I went on a quest to understand what really happened to his glittering follyBBC Television Centre, 2 May 1990. “Who would spend £7m on an egg?” The question echoes around the TV studio. At home, six million people watch as chatshow host Terry Wogan smiles knowingly, his brown eyes twinkling. “Seven million pounds,” he repeats in his Irish brogue.“And you can’t even eat it.” Continue reading...
Zealand's stock plummets after disappointing drug result. Its CEO tells CNBC people need to focus less on the 'weight loss Olympics'
Zealand and Roche are jointly developing the drug petrelintide which in a mid-stage study led to a worse-than-expected 10.7% weight-loss over 42 weeks.
Airline groundings expose depth of world travel’s reliance on Gulf corridor
Restart of operations will be a relief to those stranded but may not dispel doubts raised by past week about key transit hubMiddle East crisis – follow liveAfter nearly a week of uncertainty, airspace closures and very limited flights, news that hundreds of thousands of passengers around the world were hanging on for emerged: the Gulf-based carrier Emirates was restarting operations in earnest despite the US-Israel war on Iran.Those relieved by the restart will include the UK’s Foreign Office, after its travails in organising delayed rescue flights out of neighbouring Oman. Continue reading...
‘Mainly, you fast fooded’: Monzo under fire over ‘shaming’ year-end reviews
Bank criticised for tone of spending summaries, with one user complaining to ombudsman over ‘humiliating’ use of dataWhen does lighthearted banter become inappropriate and humiliating?The digital bank Monzo has been accused of overstepping the mark by using the data it holds to tell one customer with a past eating disorder that she eats a lot of fast food, spends “more than most” on Just Eat takeaways, and had banished her life goals thanks to her spending choices. Continue reading...
Revealed: the new affordable commuter hotspots in Great Britain
The lowdown on journey times, season ticket costs and average house prices in places you should know aboutIn pictures: homes for sale in new commuter hotspots in EnglandThe commuter belt is being redrawn. During Covid, in the hope that remote working would stick, buyers broke free from conventions and transformed the housing map. A race for space – and to the coast and rural areas – were the stories of the pandemic.As the call back to the office intensified, this trend unwound and homebuyers began targeting the more traditional commuter zones once again. Unfortunately, the homebuying landscape is very different to five years ago and some of those locations are unaffordable. Continue reading...
Emirates resumes some Dubai flights – what's the latest on travel to UK?
New flights to the UK from the Middle East follow days of widespread air travel disruption which had left Britons stranded.
There’s an inflation wave coming - what does the Iran war mean for the UK economy?
Economic consequences are an intrinsic aspect of the Iran conflict, writes BBC economics editor Faisal Islam.
Palantir rallies 15% for the week as Iran war boosts prospects, muting Anthropic concern
Palantir's stock had its best week since August and outperformed all of its large-cap tech peers after the U.S. attacked Iran.
Amazon says Anthropic’s Claude still OK for AWS customers to use outside defense work
Amazon joined Microsoft and Google in continue to offer Anthropic's Claude AI technology to customers after the Pentagon deemed it a "supply chain risk."
'Most of my pension has gone on home heating oil'
Rising heating oil prices are hitting Northern Ireland harder than the rest of the UK - here's everything you need to know.
Oil price at two-year high after Qatar warns all Gulf production could stop within days
Energy Minister Saad al-Kaabi says oil could hit $150 a barrel if the Iran conflict continues over the coming weeks.
Investors are expecting Donald Trump to back down in the war with Iran – but what if he doesn’t?
Global markets have become inured to the US president’s posturing over the past year, but economists warn they may be ‘a little bit complacent’ in anticipating a short conflict in the Middle EastInvestors over the past year have learned that Donald Trump has a boundless capacity to quickly reverse course in the face of acute political or market pressures.But a week since the United States and Israel launched missile strikes on Iran, there are fears the war could morph into a protracted conflict.Patrick Commins is Guardian Australia’s economics editor Continue reading...
Mayor Sadiq Khan invites embattled AI firm Anthropic to expand in London
The letter from London's mayor came as the US moved to designate the company a supply chain risk.
Trump tariffs: Customs and Border Protection tells judge it can't comply with refund order
CBP told Judge Richard Eaton that the technology upgrades it plans would save more than 4 million man-hours in processing refunds for Trump's tariffs.
Marvell stock surges 18% as CEO points to continuing AI demand: 'Do you see me blinking?'
Marvell shares surged on Friday after the company beat earnings expectations and issued strong guidance on continuing AI demand.
Oil surges 35% this week for biggest gain in futures trading history dating back to 1983
The oil market is worried that Gulf countries will have to shut production if tankers are unable to pass through the Strait of Hormuz.
Google joins Microsoft in telling users Anthropic is still available outside defense projects
Cloud vendors are letting customers know that Anthropic's popular AI tools can still be accessed after the Department of Defense blacklisted the company.
Flight paths squeezed as Iran conflict closes more airspace
A drone attack on Azerbaijan has narrowed choices for airlines scrambling to respond to disruption in the Gulf.
Axel Springer agrees to buy Telegraph Media Group in £575m deal
Last year the Daily Mail and General Trust proposed to buy the company in a £500m takeover.
Toyota, Hyundai and Chinese automakers expected to be most impacted by Iran war
While regional sales will be impacted, the closing of the Strait of Hormuz and rising oil prices will have ripple effects across the global automotive industry.
Will petrol and diesel prices go up now?
If oil prices remain high for some time, there could be knock-on effects on the cost of fuel and food.
Council considers extending food voucher scheme
The council earmarks £1m to pay for the vouchers as part of a new Crisis and Resilience Fund.
German twist in the Telegraph tale shatters Lord Rothermere’s dreams
The European media giant Axel Springer has scuppered the Daily Mail owner. But why did it not bid sooner? And what will Brexit-backing readers think?After three years, a series of failed bids stretching from the US to Abu Dhabi, internal rebellions and even changes in the law, it should be no surprise that the tortured sale of the Telegraph has delivered another spectacular twist with a blockbuster offer from the media giant Axel Springer.It has torpedoed the long-held dreams of the Daily Mail proprietor, Lord Rothermere, to secure the Daily Telegraph and Sunday Telegraph and begin the next chapter of his family’s love affair with the British press. Continue reading...
U.S. payrolls unexpectedly fell by 92,000 in February; unemployment rate rises to 4.4%
Nonfarm payrolls were expected to increase 50,000 in February while the unemployment rate held steady at 4.3%.
Surge in jet fuel prices could push up air fares, analysts warn
Disruption to supplies from the Gulf due to the Middle East conflict has pushed the cost up by more than 80%.
Maersk, a bellwether for global trade, suspends two key shipping services due to Iran war
The update comes as the Iran war enters its seventh day and the escalating regional conflict continues to disrupt global supply chains.
How Iran and Venezuela strikes transform the Trump-Xi trade talks
The Iran war and the U.S. attack in Venezuela show a Trump administration more willing to eschew diplomacy and take military action.
US economy unexpectedly sheds 92,000 jobs in February
The contraction came as a surprise with payrolls down in nearly every sector.
‘Where do we go?’ What it’s like being an airline pilot when missiles start crossing your flight path
‘The first thing is: Where are we? And how much fuel have we got and where do we need to go?’, Australian veteran pilot saysKeith Tonkin has flown a Boeing 747 towards airspace where missiles were being fired, and knows the pressure pilots have been under this week.“You’re stuck in that airplane until you land safely,” the veteran Australian pilot says. Continue reading...
Samsung reveals first details of its AI smart glasses to CNBC
Samsung's AI smart glasses will be launched in 2026 and will mark the company's first foray into the product category.
Price of first class stamps to rise to £1.80
Royal Mail says the increase reflects the rise in delivery costs, but the move angers consumer groups.
UAE mulls freezing Iranian assets as Middle East conflict escalates: WSJ
The UAE is considering freezing billions of dollars of Iranian assets held in the Gulf state, potentially severing one of Tehran's most critical economic lifelines.
The Tech Download: Data centers become military targets as Iran war rages on
Infrastructure underpinning digital services has been pulled into the conflict in the Middle East
Trump wants U.S. Navy to escort tankers through the Gulf. Why that plan may not work
A backup of oil tankers in the Persian Gulf is disrupting supplies, and will only get worse the longer the Strait of Hormuz is closed.
Watch: How war in Iran may affect food and fuel prices
The BBC's Nick Marsh examines how unrest in the Middle East will impact living costs around the world.
Lenders lift mortgage rates as Iran war hits borrowing costs
Nationwide, HSBC and Coventry Building Society are all putting some mortgage rates up.
Heating oil costs 'worrying' for rural residents
The price of heating oil has risen amid the Middle East conflict, hitting many in rural areas.
‘We’re powerless … and hoping nothing hits us’: trapped on a tanker as Iran war escalates
Seafarer tells of explosions in the sky as thousands stuck on vessels after strait of Hormuz is effectively closed to shipping• Maritime and port workers: how is the Middle East conflict affecting you?Thousands of seafarers are trapped on tankers in the Gulf after the strait of Hormuz was effectively closed to shipping by the escalating war on Iran.The Guardian spoke to a crew member on one of the stranded tankers that typically ferries vast quantities of oil from the Middle East to ports around the world. Continue reading...
US eases sanctions on Russian oil sales to India during Iran conflict
Treasury Secretary Scott Bessent gives India a 30-day waiver to buy Russian crude as a "stop gap measure".
Homes for sale in new commuter hotspots in England – in pictures
In the run-up to our commuter special report, we pick five properties in places with great rail links. Read the full list on Saturday Continue reading...
Iran's Shahed drone: How 'the poor man’s cruise missile’ is shaping Tehran’s retaliation
After years on the front lines of Russia's invasion of Ukraine, the Iranian Shahed-136 drone is at the center of Tehran's retaliation against recent U.S. strikes.
U.S. offers India a 30-day waiver for buying Russian oil as Iran war deepens energy supply worries
U.S. has given India a waiver to buy Russian oil for 30 days as conflict in Middle East impacts global energy supply.
Anthropic vows to sue Pentagon over supply chain risk label
The supply chain risk designation of the artificial intelligence firm is a first for a US company.
Can snacks help you sleep?
Chocolates, bars, gummies and drinks promise to help you sleep, but is the science behind them sound?
One in 7 shops in UK has turned cashless in the past year, survey finds
Some 14% of small High Street traders have gone card only in the last year, a survey suggests.
Five ways the Iran war could affect you - in charts
With fuel and gas prices having risen in recent days, here are some ways the conflict could affect households.
TfL hack in 2024 affected around 10 million people, BBC can reveal
TfL insists it has "kept customers informed throughout this incident and will continue to take all necessary action".
States led by New York sue to block Trump's latest tariffs, calling them an illegal end run around Supreme Court
The move from the state AGs — part of the successful effort to block Trump's original tariffs — adds to the ongoing uncertainty created by his tariff policies.
States sue Trump administration over new 'unlawful' global tariffs
The 24 states are seeking to block Trump's latest tariffs, which he imposed to replace levies struck down by the Supreme Court.
UK firms pull fixed energy deals as Iran war pushes up prices
Data suggests the number of fixed-term deals has more than halved as prices for wholesale energy surge.
Donald Trump insists there are no wind farms in China. Here are 20 of them – in pictures
The US president has made the easily debunked claim that there are no wind farms in China Continue reading...
HSBC, Nationwide and Coventry raise rates on fixed mortgages amid Middle East crisis
Experts say Iran war could cause energy price shock that pushes up UK inflation, in turn forcing up interest ratesHSBC, Nationwide and Coventry building societies are the first big UK lenders to announce an increase in rates on their fixed mortgage deals as a result of the Middle East crisis, with brokers predicting others are likely to follow.Experts have said the war could trigger an energy price shock that pushes up UK inflation, which may in turn force the Bank of England to increase interest rates. Continue reading...
German defense firm Renk CEO says Iran war could drive 'increasing demand' in the Middle East
The current conflict in the Middle East could benefit Renk's business, CEO Alexander Sagel said on an earnings call.
South East Water faces £22m fine for supply failures
The firm was unable to cope during high demand, Ofwat says, leading to "immense stress" for customers.
Will China own the green energy future? – podcast
The conflict in the Middle East has sent energy prices soaring, and for countries that import a high proportion of their fuel, it’s a reminder of the perils of energy dependence. As the recipient of almost 90% of Iran’s crude oil, China knows this only too well. Which partly explains why the country spent the last decade heavily investing in clean power.To find out what else could be driving the strategy, Madeleine Finlay speaks to senior China correspondent Amy Hawkins. And energy correspondent Jillian Ambrose reflects on how China’s ambitions could affect the rest of the worldSupport the Guardian: theguardian.com/sciencepod Continue reading...
Inside India newsletter: Energy, airlines and now over $50 billion in remittances to India at risk as Middle East conflict deepens
India can't seem to escape from the fallout of the escalating conflict in the Middle East. After energy and aviation, remittances could be the latest worry.
China sets lowest economic growth target since 1991
It is also the first time the target has been lowered since it was cut to "around 5%" in 2023.
Musk tells jury 'people read too much' into his posts
The billionaire is accused of misleading investors in the run-up to his 2022 Twitter purchase.
US trade court orders tariff refunds in setback for Trump administration
A trade court has cleared the way for businesses to receive refunds for tariffs that the Supreme Court struck down last month.
We have more privacy controls yet less privacy than ever
Has online privacy become "a luxury not a right" for us all in 2026?
Higher tariffs likely this week, says US Treasury
Scott Bessent says that "likely sometime this week" the US will increase its global tariff on imports from the existing 10%.
Stock markets and oil prices still volatile over fears Iran war may drag on
Experts have warned that if oil and gas prices remains elevated it could make goods and services more expensive.
Father claims Google's AI product fuelled son's delusional spiral
The case is the first wrongful death case against Google over alleged harms caused by Gemini.
Could the Iran war trigger a global economic crisis? – The Latest
Global oil and gas prices have skyrocketed as war halts energy exports from the Middle East. The strait of Hormuz, a narrow passage of water that facilitates the shipping of about a fifth of the world’s oil, has been in effect closed since the regional war began, prompting fears of a global economic crisis. According to reports, traffic has dropped by about 80%, but how long until we feel the effects? Nosheen Iqbal speaks to the Guardian’s head of business, John Collingridge – watch on YouTube Continue reading...
Are UK interest rates still expected to fall soon?
The interest rate set by the Bank of England affects mortgage, loan and savings rates for millions.
Wales' richest man says Britain is 'uncomfortable place' for Jews
The billionaire says "anti-semitism is always in the air" with parallels to the persecution his ancestors faced.
Know when to fold them: the tech inspired by origami
Origami techniques can add strength to structures without adding bulk.
Deepfake attack: 'Many people could have been cheated'
The boss of the Bombay Stock Exchange was recently targeted in what is a growing global problem.
Edible Economics by Ha-Joon Chang (Omnibus)
Professor Ha-Joon Chang, “a hungry economist” explores why economics matters.
Why you should consider fixing your energy tariff now
Martin Lewis explains what the upcoming change to the energy price cap means for your bills.
Why you can't get a signal at festivals and sports matches
Connecting up music and sports events to the internet is a massive undertaking.
'Is this all bad debt or good debt?'
Karen has not only left the family in emotional turmoil but also in serious debt.
The family-owned soda firm that still uses returnable glass bottles
Soft drinks company Twig's Beverage has a loyal following for its old-fashioned approach.
Martin Lewis on what the new energy price cap means
Typical household energy bills will fall by 7% in April, regulator Ofgem has announced, following a shake-up in charges by the government.
Register now: Applications open for the World's Top Fintech Companies 2026
CNBC and Statista chart the top fintech players from around the world, ranging from startups to Big Tech names.
Orbital space race heats up in Arctic north
Europe lags far behind the US and China in orbital space launches, but new facilities are opening up.
Are you cut out for living and working in Antarctica?
Jobs are available on the icy continent for chefs, plumbers, carpenters and even hairdressers.
How do you modernise mango farming?
India's mango farmers are being urged to innovate as climate change makes cultivation "unpredictable".
The two farms in Senegal that supply many of the UK's vegetables
During winter in Britain fresh produce is sent by cargo ship from the West African nation every week.
Reddit's human content wins amid the AI flood
Reddit says its human contributors are valued amid an internet awash with AI-generated content.
Trump eyes Venezuela visit – but obstacles to his oil plan remain
The US president wants American energy firms to start extracting the crude but they are reluctant.
The US economy is growing - so where are all the jobs?
As hiring rates and job openings drop, some worry a tough job market could be here to stay.
Get a grip: Robotics firms struggle to develop hands
Developing a durable and affordable hand is one of the biggest challenges in robotics.
Who is billionaire Sir Jim Ratcliffe and how did he make his money?
The industrialist and Manchester United co-owner has apologised over comments he made about immigration.
The Dutch love four-day working weeks, but are they sustainable?
The Netherlands has the lowest working hours in Europe, but some say it is harming its economy.
Why food fraud persists, even with improving tech
Even with sophisticated technology it is still difficult to detect fake foods.
The real impact of roadworks on the country - and why they're set to get worse
There is a fine balance between the benefits of improved infrastructure, versus the cost of disruption. Does the country have it right?
Why the railways often seem to be in such chaos over Christmas
Parts of Britain’s rail network will close for engineering work over the festive period - but is that the right time to do it?
Budget 2025: What's the best and worst that could happen for Labour?
Three days in, after a tax U-turn and partial climbdown on workers' rights, Laura Kuenssberg looks at what impact Budget week might have.
Has Britain's budget watchdog become too all-powerful?
Ahead of this week's Budget, some have accused the Office for Budget Responsibility of being a "straitjacket on growth"
The curious case of why Poundland is struggling during a cost-of-living crisis
Why - in an age where so many of us are feeling the financial pinch - are some budget shops on UK high streets having such a tough time?
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